White House hosts Kalshi and Polymarket ahead of CFTC advisory meeting
The discussions concern whether sports-related event contracts require state betting licences or fall under federal oversight.
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Reports
VGCCC sets out three-year Strategy 2029 plan to address gambling harm
The VGCCC’s plan makes technology, data, research and intelligence central to its approach to gambling-related harm.
Rio de Janeiro seeks Rio Pag bank records over R$18.5m in lottery funds
The inquiry concerns the custody and return of funds handled under a payment-processing contract for lottery and betting services.
Cipriani considers temporary Uruguay casino as San Rafael opening slips to 2027
Cipriani’s proposed temporary casino requires government approval and agreed operating conditions following delays to San Rafael.
Cantor launches institutional block trading in Kalshi event contracts
Institutional clients gain a brokerage route to block trading, while liquidity is provided by Susquehanna Predictions.
US midterm prediction-market trading reaches $133m by 10 August
The reported growth and concentration of trading could increase scrutiny of election-linked prediction markets.
Novig sues Wisconsin to block state gambling rules for prediction markets
The case could affect whether prediction market operators face state gambling regulation when offering sports event contracts.
Regulus expects UK gambling market to contract 12% in 2027
The forecast and uneven exposure to higher duty may inform operators’ UK cost and market planning.
Alpaca registers as NFA member and futures commission merchant for prediction markets
The registrations enable Alpaca to offer event-contract access, but clients cannot yet rely on a launch date.
Judge denies Kalshi emergency relief in Connecticut dispute
Connecticut can enforce its gambling laws against Kalshi following the rejection of emergency relief pending appeal.
ParlayX develops prediction market platform focused on combination bets
ParlayX’s planned prediction market platform centres on combination bets, following its original intention to concentrate on parlays.
Munich court orders bet365 entity to repay player about €80,500
The ruling highlights repayment exposure for operators whose online betting contracts lacked a required German licence.
Connecticut judge rejects Kalshi injunction bid over CFTC order
Kalshi’s request was denied, leaving Connecticut’s gambling-law enforcement position in place during the sports-contract dispute.
Acquisition
evoke shareholders approve Bally’s Intralot acquisition scheme
The deal remains subject to Bally’s Intralot shareholder approval before the proposed acquisition can proceed.
Cipriani Group considers temporary casino at former Mantra hotel
A temporary site could require government approval to relocate a casino already authorised for the San Rafael project.
NGCB alleges Kalshi breached Nevada geofencing agreement, threatens daily fine
Kalshi’s dispute highlights potential enforcement exposure when restricted contracts remain accessible in Nevada.
Pennsylvania lawmakers pursue prediction market regulation through HB 2711
Operators face proposed Pennsylvania prediction market regulation that would require neither taxes nor licences while permitting sports event contracts.
Acquisition
Evoke shareholders approve Bally’s Intralot acquisition for £243m
The vote advances the acquisition, but remaining regulatory and antitrust approvals are still required before completion.
NGCB seeks $120,000 daily fine against Kalshi over alleged Nevada noncompliance
Kalshi faces requested $120,000 daily fines over disputed compliance with a deadline to block specified bets in Nevada.
Washington court bars Kalshi sports contracts while allowing financial markets
Kalshi must introduce customer controls by 19 August and GeoComply screening by 2 September under Washington’s amended injunction.
Tuscany regional court upholds VLT venue licence revocation in Prato
VLT operators risk licence revocation if entrance changes affecting supervisability are not specifically reported.
Tuscany court confirms VLT licence revocation over unreported entrance change
The decision makes clear that venue plans alone may not satisfy notification requirements for changes affecting supervision.
Appointment
Vicky Foxcroft becomes UK gambling minister amid local licensing reform
Foxcroft’s appointment coincides with proposed changes that could affect how councils assess new gambling premises.
Australian government proposes gambling ad opt-out register and operator levy
Wagering providers may face levy costs and a central advertising opt-out mechanism if the proposals pass.
German gambling regulator warns that most prediction-market contracts are illegal
The warning signals potential legal restrictions for prediction-market providers serving Germany.